2414 Drew Ln #5AustinTX78748
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Ziffy AI Summary
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
- Attractive rent-to-price ratio for income stability
- Good fit for DSCR financing with healthy coverage
Investment Highlights
Total monthly income runs $1,962/mo, and a $2,330/mo payment. Purchase price stands at $476,100, and rental yield measures 4.95% with $1,962/mo rent. Return on cash invested shows 9.09% in year one, and 5% annual appreciation builds toward $131,538 over five years. Five-year ROI reaches 46.02% and total cumulative return in cash records $72,628. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,962/mo property income covering a $2,330/mo payment rather than investor’s personal income.
Condo
Built in 2025
7,405 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 78748, Austin, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 26,666 (100%) |
| Owner Occupied HU | 13,804 (51.8%) |
| Renter Occupied HU | 11,383 (42.7%) |
| Vacant Housing Units | 1,479 ( 5.5%) |
| Median Home Value | $500,145 |
| Average Home Value | $569,497 |
Housing Distribution
Address Breakdown
Residential
25,080
Single Family
17,465
Multi-Family
7,615
Businesses
822
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